Kakao Receives Highest Rating in International Environmental Organization Evaluation

Kakao announced on the 14th that it has received the highest rating, "Leadership A," in the "2023 CDP Climate Change" report published by the international environmental organization Carbon Disclosure Project (CDP).

CDP is a global initiative led by global financial investment institutions that requests major companies worldwide to disclose management information related to climate change and the environment, and publishes an annual report based on this. It is used as an environmental data source by major ESG evaluation agencies such as DJSI and MSCI.

The 2023 CDP Climate Change evaluated more than 23,000 companies worldwide, and 347 companies received the Leadership A rating. Among domestic companies that received this rating, a total of 10, including Kakao, were recognized.

In addition, the CDP Korea Committee held the "Climate Change Response and Water Management Excellence Awards," awarding the highest rating in the "Carbon Management Sector Honors (Telecommunications Division)" to a total of four companies, including Kakao.

Last year, Kakao joined the global initiative "RE100" to achieve carbon neutrality. To encourage users' participation in various eco-friendly activities, Kakao disclosed its self-developed user environmental contribution indicator, "Kakao Carbon Index," on the corporate website. It also procured electricity used in its Pangyo and Jeju offices from renewable energy through the purchase of Renewable Energy Certificates (REC).

Hong Eun-taek, CEO of Kakao, said, "This is the result of continuously considering and practicing practical activities that users can participate in to respond to climate change and achieve carbon neutrality," adding, "This year as well, Kakao will strive to faithfully fulfill its role in creating a sustainable society."

This content was produced with the assistance of AI translation services.